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welcome to Graduate Hospital

We got a tip that the long-dormant former commercial space on the northwest corner of 18th and Carpenter Sts. was being demolished, so we zoomed on over to snap a couple of photos.

A look to the recent past. Image from Google.

We knew that the property had been listed on the market for some time, and that the most recent asking price had been $199K. We figured that the property had been purchased and that the new owner was getting started on the inevitable duplex or triplex on the 17 x 71 foot lot. Imagine our surprise when we spoke with someone in the the listing agent’s office, who told us that the property was still active on the market. When we told the agent that the building was being torn down, they seemed only a little surprised. Apparently, the building had been condemned some time ago, and was on the city’s demolition list. It was supposed to have been torn down last week, but the owner convinced L&I not to do it. This time, the owner must not have gotten the memo.

 

Barclay Rand Inc has owned the building since 1987, paying $8,500 for it at the time. After about ten years, they stopped paying their property taxes, resulting in over $3,700 in tax liens at this time. We’re not sure whether the city’s polite demolition of the building will make it easier or more difficult to sell now- but we do know that the owners should be expecting a hefty bill from the city for services rendered. Maybe they should have taken any of what the listing agents described as “numerous very fair offers.”

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COMMENTS
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Posted in Graduate Hospital | Tagged , , | 15 Comments
  • http://www.philadelphiaspeaks.com/forum/southwest-center-city/23480-18th-carpenter.html#post386940 18th and Carpenter

    [...] L&I Sometimes Gets the Job Done | NakedPhilly Reply With Quote + Reply to Thread « Previous Thread | Next [...]

  • Chris

    any idea what the City will charge for demolition costs?  

  • Sammyk

    Why can’t the City track down absentee owners like this one to pay their back taxes?  It can’t be too difficult considering the owner has a listing agent.  Ridiculous!!!!!!!

  • http://atmediadesign.com Tyler Westnedge

    really wish this wasn’t torn down… would of loved to see an nyc-ish bistro with outdoor seating on second level… hoping it is something different then the typical 3 story

  • guest

    Where is 1900 Christian on this demolition list?

  • guest

    Where is 1900 Christian on this demolition list?

  • Anonymous

    Probably between $12K-$15K.

  • Phillyguy76

    The city will never see that money again….and the owner of that property wont see $199,000 for that lot now.

  • Phillyguy76

    The city will never see that money again….and the owner of that property wont see $199,000 for that lot now.

  • gardenweasel

    Whatever that lot sells for, the money owed to the city in taxes and demo fees will be skimmed right off the top of the sale.  The only way the city wouldn’t get it back is if it never sells at all, which is unlikely in this neighborhood.

  • Jims Hats

    Uhm – if you’d seen the property before demo, during demo, or after you’d know – there was nothing left of the product. It needed to be demod. And — not optimal location from a business perspective for an eatery.

  • Nathan Meyer

    does anybody know who to contact about purchasing this property?

  • http://www.astutebuyersadvocates.com.au/ Buyers Advocate Melbourne

    quite a waste but it’s for a better property

  • http://nakedphilly.com/graduate-hospital/new-home-under-construction-at-18th-and-carpenter/ New Home Under Construction at 18th and Carpenter | NakedPhilly

    [...] of the intersection will possess homes built in the last few years. The northwest corner, which we brought to your attention last summer, most recently contained a one-story structure that looked like it was once a commercial space. And [...]

  • http://nakedphilly.com/graduate-hospital/several-new-buildings-coming-around-18th-and-carpenter/ Several New Buildings Coming Around 18th and Carpenter | NakedPhilly

    [...] corner of 18th & Carpenter. We’ve actually brought this property to your attention once before, when L&I tore down a dilapidated and dangerous vacant bar over a year ago. The lot has been [...]

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